Word: affordability
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Dates: during 2000-2009
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...Junling, an upwardly mobile single Chinese woman, had a conversation with her boss, the CEO of a large, politically connected real estate developer in Shanghai. For the previous five years, people in China's largest city had lived and breathed the property market-buying apartments, if they could afford to, flipping them for higher prices, and buying again. The government really wanted to cool off the speculation, the boss told her. Probably not a good time to buy. Then, almost as an afterthought, he added: It might be a good time to buy stocks instead. Liu balked...
...These days it's almost too easy to make fun of the President; he's a lame duck who needs medical attention, and fortunately he can afford it. (And if he couldn't, his bills would be paid for by the people, as is the health care of all Senators and Congressmen.) Besides, Michael Moore had his instructive Bush-bashing in Fahrenheit 9/11, the highest-grossing documentary of all time, earning $119 million at the domestic box office and lots more overseas...
...given how many people want to be part of The Crimson—even just considering the 250 to 275 “active editors”—the paper can afford to say that its staff shouldn’t be major players in the activities they cover. That probably means athletes shouldn’t be active contributors to the sports news coverage (two currently are) or theater critics be frequent actors (a policy already prevents that). News reporters and editors might find themselves even more constrained in their outside activities...
...driven some farmers into crushing debt. The financial hardships are so extreme that thousands, including Pravin, commit suicide every year. Far from benefiting from the country's new prosperity, whole villages of India's rural poor are being left adrift, eager to join in the boom but unable to afford...
...That's how it went with Pravin, who wanted the best for his family even if he couldn't afford it. Pravin's family lives near Pandharkawada town, in Sunna, a village of dirt streets and pale blue and whitewashed brick houses. The air hangs heavy with the smell of goats, cattle and chickens, and farmers use wooden bullock carts to carry their cotton and animal feed. Doors are strung with mango leaves to bring good luck, and women stretch their washing over twig fences. Pravin took over the family farm from his father four years ago when...